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few jobs left out there for $22 an hour. i have a suggestion. bill clinton and david stockton agree on a solution for the entitlement program. they said to do away with the payroll tax and fund the medicare and pension system with a national sales tax, would eliminate the advantage that europe and the other nations have over us because they don't charge that on the exports. guest: many economists agree with your last point. the payroll tax cut is regressive and is a disincentive to save. many economists would agree with your point. bill clinton and david stockton can agree on something. they are more sensible than some in the political arena today. the point about dependency on public assistance -- i have not looked at this recently. i received permission to engage welfare reform. we meet the whole process much more work related. you have to participate in job- training. when a job came open, you had to take it. welfare rolls move down substantially. i think that is how the process should work. there should be a temporary way station, back to being a taxpayer once again. that is my
since the '30s. >> we were tying it all the way remember with bill clinton, becky, bill clinton realizes no matter what happens the next four years will be good, housing recovers, so if he doesn't make sure the president's reelected then hillary can't run in 2016 because romney would be an eight-year president. whoever is there is going to get credit for it. steve, are we guaranteed the next four years as housing recovers no matter what policies we pursue it's going to be 3% or 4% growth? >> sadly no. in 2008 before we had the financial panic in september and depressed housing markets like phoenix, las vegas and a couple other areas we started to see signs of life again so if you get government out of the way, housing would recover far more quickly and let the markets clear, recover far more quickly. the key thing you got to have stable money, don't pile on new taxes and don't pile on all of the new regulations that are coming. those are crushers. >> i want to know whether reinhardt-rogoff was right. if we stay slow for four years it was more than the financial crisis, that washington po
Search Results 0 to 1 of about 2